The Foundation For Aids Research
The Foundation For Aids Research consistently directs a high percentage of spending to programs and reports 0% officer compensation.
EIN: 133163817 · New York, NY · NTEE: H81J · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $49.2M |
| Total Expenses | $33.9M |
| Program Spending | 80% |
| Net Assets | $32.4M |
| Transparency Score | 90/100 |
Is The Foundation For Aids Research Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Foundation For Aids Research directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Foundation For Aids Research
The Foundation For Aids Research (EIN: 133163817) is a nonprofit organization based in New York, NY, classified under NTEE code H81J. The organization reported total revenue of $49.2M and total assets of $53.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Foundation For Aids Research's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Foundation For Aids Research is a large nonprofit that has been operating for 43 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $29.1M |
| Total Expenses | $33.9M |
| Surplus / Deficit | $-4,857,539 |
| Total Assets | $50.7M |
| Total Liabilities | $18.3M |
| Net Assets | $32.4M |
| Operating Margin | -16.7% |
| Debt-to-Asset Ratio | 36.2% |
| Months of Reserves | 17.9 months |
Financial Health Grade: B
In 2023, The Foundation For Aids Research reported a deficit of $4.9M with expenses exceeding revenue, holds 17.9 months of operating reserves (strong position), has a debt-to-asset ratio of 36.2% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), The Foundation For Aids Research's revenue has grown at a compound annual growth rate (CAGR) of 0.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -7.5% | +21.2% | -8.1% |
| 2022 | +33.6% | +1.2% | -1.2% |
| 2021 | +10.3% | -4.1% | +2.0% |
| 2020 | -31.9% | -17.5% | -14.7% |
| 2019 | -3.0% | -10.4% | -7.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1983 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates The Foundation For Aids Research with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 80%
- fundraising: 10%
According to IRS 990 filings, The Foundation For Aids Research allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $4.9M, with expenses exceeding revenue.
- Debt-to-asset ratio: 36.2%.
Executive Compensation Analysis
The consistent reporting of 0% officer compensation across all available filings is highly unusual and suggests either that executive compensation is extremely low, not categorized under 'Officer Comp' in the provided summary data, or is covered by other means, indicating a strong commitment to minimizing administrative overhead relative to organizational size and mission.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of The Foundation For Aids Research's IRS 990 filings:
- Consistent decline in total assets over the past several years, from $80.7M in 2016 to $50.7M in 2023.
- Unusual and consistent reporting of 0% officer compensation, which may obscure actual executive remuneration without further detail.
Strengths
The following positive indicators were identified for The Foundation For Aids Research:
- Strong program spending ratio, indicating efficient use of funds towards its mission.
- Consistent reporting of 0% officer compensation, suggesting a focus on mission over executive payouts.
- Substantial asset base ($53.3 million) provides financial stability despite recent declines.
- Long filing history (13 filings) demonstrates consistent compliance and transparency.
Frequently Asked Questions about The Foundation For Aids Research
Is The Foundation For Aids Research a legitimate charity?
The Foundation For Aids Research (EIN: 133163817) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $49.2M. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does The Foundation For Aids Research spend its money?
The Foundation For Aids Research directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to The Foundation For Aids Research tax-deductible?
The Foundation For Aids Research is registered as a tax-exempt nonprofit (EIN: 133163817). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of The Foundation For Aids Research's spending goes to programs?
The Foundation For Aids Research directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does The Foundation For Aids Research compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), The Foundation For Aids Research is above average for NTEE category H81J nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is The Foundation For Aids Research located?
The Foundation For Aids Research is headquartered in New York, New York and files with the IRS under EIN 133163817. It is classified under NTEE code H81J.
How many years of IRS 990 filings does The Foundation For Aids Research have?
The Foundation For Aids Research has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $49.2M in total revenue.
Is The Foundation For Aids Research a good charity?
Based on the provided data, The Foundation For Aids Research appears to be a good charity. It consistently allocates a high percentage of its expenses to program services and reports 0% officer compensation, indicating a strong focus on its mission and efficient use of funds.
Why is officer compensation reported as 0%?
The consistent reporting of 0% for officer compensation across all filings is highly unusual for an organization of this size. It could mean that executive salaries are very low, are categorized under different expense lines (e.g., program or administrative staff salaries), or are not paid directly by the organization in a way that triggers this specific reporting field. Further investigation into their full IRS 990 forms would be needed to understand the specifics of executive remuneration.
What is the trend in the organization's assets?
The organization's assets have shown a declining trend over the past several years, from a peak of $80.7 million in 2016 to $50.7 million in 2023. While still substantial, this downward trend warrants monitoring to understand its causes and potential impact on long-term sustainability.
Filing History
IRS 990 filing history for The Foundation For Aids Research showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), The Foundation For Aids Research's revenue has grown by 6.5%, moving from $27.3M to $29.1M. Total assets increased by 33.5% over the same period, from $38.0M to $50.7M. Total functional expenses rose by 30%, from $26.1M to $33.9M. In its most recent filing year (2023), The Foundation For Aids Research reported a deficit of $4.9M, with expenses exceeding revenue. The organization holds $18.3M in liabilities against $50.7M in assets (debt-to-asset ratio: 36.2%), resulting in net assets of $32.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $29.1M | $33.9M | $50.7M | $18.3M | — | — |
| 2022 | $31.4M | $28.0M | $55.2M | $20.1M | — | — |
| 2021 | $23.5M | $27.7M | $55.8M | $17.2M | — | — |
| 2020 | $21.3M | $28.8M | $54.7M | $13.1M | — | — |
| 2019 | $31.3M | $35.0M | $64.2M | $14.7M | — | View 990 |
| 2018 | $32.3M | $39.0M | $69.5M | $17.0M | — | View 990 |
| 2017 | $40.4M | $43.2M | $80.2M | $20.5M | — | View 990 |
| 2016 | $48.9M | $41.7M | $80.8M | $19.1M | — | View 990 |
| 2015 | $47.7M | $37.6M | $71.3M | $18.2M | — | View 990 |
| 2014 | $47.9M | $34.4M | $57.9M | $13.6M | — | View 990 |
| 2013 | $29.9M | $29.3M | $50.0M | $18.9M | — | View 990 |
| 2012 | $27.2M | $28.7M | $40.4M | $9.6M | — | View 990 |
| 2011 | $27.3M | $26.1M | $38.0M | $6.6M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $29.1M, expenses of $33.9M, and assets of $50.7M (revenue -7.5% year-over-year).
- 2022: Revenue of $31.4M, expenses of $28.0M, and assets of $55.2M (revenue +33.6% year-over-year).
- 2021: Revenue of $23.5M, expenses of $27.7M, and assets of $55.8M (revenue +10.3% year-over-year).
- 2020: Revenue of $21.3M, expenses of $28.8M, and assets of $54.7M (revenue -31.9% year-over-year).
- 2019: Revenue of $31.3M, expenses of $35.0M, and assets of $64.2M (revenue -3.0% year-over-year).
- 2018: Revenue of $32.3M, expenses of $39.0M, and assets of $69.5M (revenue -20.1% year-over-year).
- 2017: Revenue of $40.4M, expenses of $43.2M, and assets of $80.2M (revenue -17.3% year-over-year).
- 2016: Revenue of $48.9M, expenses of $41.7M, and assets of $80.8M (revenue +2.4% year-over-year).
- 2015: Revenue of $47.7M, expenses of $37.6M, and assets of $71.3M (revenue -0.4% year-over-year).
- 2014: Revenue of $47.9M, expenses of $34.4M, and assets of $57.9M (revenue +60.1% year-over-year).
- 2013: Revenue of $29.9M, expenses of $29.3M, and assets of $50.0M (revenue +10.0% year-over-year).
- 2012: Revenue of $27.2M, expenses of $28.7M, and assets of $40.4M (revenue -0.4% year-over-year).
- 2011: Revenue of $27.3M, expenses of $26.1M, and assets of $38.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Foundation For Aids Research:
Data Sources and Methodology
This transparency report for The Foundation For Aids Research is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.